Skip to content
Markets
Economics

Lagarde’s Moment of ECB Crisis Reckoning, in a London Basement

  • 2 1/2-hour meeting with a pot of coffee stemmed Italy turmoil
  • ‘You have to kill it in the bud,’ president argues on tensions
Video player cover image
Lagarde Cites High Uncertainty, Restates ECB Hiking Plan
By

Updated on

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

It was while sitting apparently alone in a London hotel basement that Christine Lagarde engineered a fix to the euro zone’s most alarming debt turmoil since the pandemic struck.